HL18 Property Portfolio AB (publ) initiates written procedure for its outstanding bonds

 HL18 Property Portfolio AB (publ) (the "Issuer") has previously issued senior secured floating rate bonds 2021/2024 with ISIN SE0017082779 (the "Bonds"). In order to, inter alia, extend the maturity of the Bonds with three years, adjust the interest rate and change the financial covenants under the Bonds, CSC (Sweden) AB (the "Agent") has today initiated a written procedure for the Bonds (the "Written Procedure") by sending the notice of Written Procedure including voting instructions to the direct registered holders and registered authorised nominees of the Bonds in the Issuer's debt ledgers held with Euroclear Sweden as per 15 October 2024. The voting record date is 21 October 2024 and the last day for voting in the Written Procedure is 11 November 2024.

As published by the Issuer in a press release on 11 October 2024, the Written Procedure entails, inter alia, certain amendments to the terms and conditions for the Bonds and that holders of the Bonds are also invited to participate in a new super senior loan to the Issuer and its group (the "Super Senior Loan") on the terms further set out in the Written Procedure. The lenders under the Super Senior Loan will further be offered indirect ownership in the Issuer.

For more information regarding the Written Procedure, including the Super Senior Loan, please see the notice of the notice of Written Procedure published on the Agent's website and on the Issuer's website.

For further information, please contact:

Leif West, chair of the board
Tel: +46 704 129645

The information was submitted for publication, through the agency of the contact person set out above, at 2024-10-16 15.45 CEST.